PCBL Chemical has raised Rs 100 crore through allotment of 2,000 units of Commercial Paper of face value of Rs 5 lakh each. The Commercial Paper has a tenure of 90 days and a coupon rate of 6.05% per annum. The Commercial Papers are allotted to Kotak Mahindra Bank.
PCBL Chemical (formerly known as PCBL) is primarily engaged in the business of manufacturing & sale of carbon black and sale of power.